To protect spacecraft and their contents from excessive heat thermal protection system are essential. For such thermal protection, metal coatings, ceramic materials, ablative materials, and various matrix materials have all been tried, but none have been found entirely satisfactory. The basis for this thermal protection system is the fact that the heat required to melt a substance is 80 to 100 times larger than the heat required to raise its temperature one degree. This led to the use herein of solid-liquid phase change materials. Unlike conventional heat storage materials, when phase change materials reach the temperature at which they change phase they absorb large amounts of heat without getting hotter. By this invention, then, a coating composition is provided for application to substrates subjected to temperatures above 100 F. The coating composition includes a phase change material.